A living object or an inanimate object becomes a resource when man discovers a use for it in satisfying an economic want.
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there are two types of economic resources: a. Property resources b. human resources
Economic resources are resources that help the place.
Economic resources are classified into two categories. These are natural resources (land), and human-made resources which (capital, enterprise and labor.)
factors of productions
The basic economic problem is scarcity of resources which is caused by the existence of alternative uses of resources
Economic resources are resources that help the place.
there are two types of economic resources: a. Property resources b. human resources
economic growth
factors of productions
Economic resources are classified into two categories. These are natural resources (land), and human-made resources which (capital, enterprise and labor.)
[object Object]
The main economic resource of difficulty is scarcity of resources.
Resources become renewable by recycling.
The basic economic problem is scarcity of resources which is caused by the existence of alternative uses of resources
what are the 3 types of economic resources
How are the resources distributed?
industry